LIGHTSPEED VENTURE PARTNERS
Here's how edutech startup Byju’s quietly turned into a unicorn company
Byju’s is the 11th unicorn startup from India, following messaging app Hike that joined the club more than 18 months ago.
LimeRoad joins rush for offline stores
The online firm plans to open 2,000-3,000 LimeRoad stores across the country in the next 2-3 years, an...
Risky to chase growth over unit economics: Liew, Partner, Lightspeed Venture Partners
Prioritising growth over unit economics is a high-risk ...
Zo Rooms calls OYO's decision to terminate acquisition done in 'bad faith'
"Zo states that OYO is resiling from the contractual terms after acquiring the entire ZO Rooms business by March 2016," the spokesperson said in an email.
Oyo closes $250 million funding round led by SoftBank Vision Fund, Hero Enterprise
The Tokyo-headquartered conglomerate has invested through its $100 billion SoftBank Vision Fund, making this the second major bet placed by the world's largest pool of private capital.
US-based Ebix puts aside $100 mn for India play
ItzCash owner sets up aggressive growth path, to use money for investments and acquisitions here
Challenge for ISRO? This startup readies small rockets for takeoff
Vector's goal is to make a $1.5 million rocket that can carry small satellites into orbit. It expects to conduct 100 launches per year—a figure that would match the annual capacity of the entire aerospace industry.
OneAssist raises Rs 118 crore in Series C
The round comes two years after the company last raised $7.5 million (Rs 48 crore) in its series-B round, then led by Assurant, making it the Fortune 500 insurer’s first bet in India.
ItzCash turns a page with profits, revenue jumps 40% to Rs 250 crore
Mumbai-based payments company is seeing 6.5 lakh transactions a day, according to its MD Surya
Home rental startup FastFox gets Rs 30 crore from Lightspeed, 2 others
The company plans to invest money in improving its technology solution, expanding team.
Former Flipkart execs' startup Udaan raises $10 million from Lightspeed
Udaan has hired a team of over 20 people, half of whom have been picked from Flipkart to form a core team who are initially focusing on products in electronics and apparel.
SoftBank pays Rs 413cr for extra room at OYO
The capital infusion is expected to be used by OYO Rooms to expand its new initiative called 'Flagship', where it controls 100% of the inventory of the hotel under this category to provide a more premium experience to customers.
Advenio & XLPAT Labs to represent India at 'Start Tel Aviv'
The Indian winners will have the opportunity to meet other startups from Israel and abroad.
Byju's lessons earn Aarin Capital ten-fold return
The firm sold a 6-7% stake in Byju’s to Silicon Valley venture capital firm Lightspeed Venture Partners, in a transaction pegged close to Rs 150 crore.
OYO eyes Rs 413 crore through proposed rights issue in fresh funding round
The new round of funding will peg the post-money valuation of the Gurugram-based startup at Rs 3,129 crore or about $460 million, the filing reflects.
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